[Sep-2022] P_S4FIN_2021 Dumps Full Questions – SAP Certified Application Professional Exam Study Guide [Q68-Q84]

28Sep 2022 by admin No Comments

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[Sep-2022] P_S4FIN_2021 Dumps Full Questions – SAP Certified Application Professional Exam Study Guide

Exam Questions and Answers for P_S4FIN_2021 Study Guide

NEW QUESTION 68
You want to configure an extension ledger. Which steps do you need to take? There are 2 correct answer to this question.

Select an Underlying ledger for the extension ledger.

Specify the document type for the extension ledger.

Assign a fiscal year variant to the extension ledger.

Specify currency types for the extension ledger.

NEW QUESTION 69
You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question

COSS

BSEG

COBK

ACDOCA

NEW QUESTION 70
In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question

It will generate additional line items in ACDOCA for non-ledger-specific postings

It is always active on the system level for all company codes

It must be assigned to underlying ledger

If asset accounting is used depreciation area must be assigned

NEW QUESTION 71
You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1809 system with account-based CO-PA.
Which prerequisites must be met? Note: There are 2 correct answers to this question.

You have set up accounts for transaction key BSX and GBB in the MM account determination.

You have executed the variance calculation in CO-PC.

You have defined a settlement profile that allows the settlement of variances for your order type

You have defined a PA transfer structure for settlement.

NEW QUESTION 72
In a first step, you create an account with account type “secondary cost element” and cost element category “42” in controlling area A000 and company code 1010. In a second step, you change this account to cost category “43” in company code 1750, which is assigned to the same controlling are a. What is the effect in the system when you save this account?

This system brings up an error message and rejects the change

The cost element category in the account is also changed for company code 1010

The user is asked which categorywill be used in the future

The cost element category is different in the two company codes

NEW QUESTION 73
In the standard delivery system, what is the maximum of components you can use for the primary

140

160

NEW QUESTION 74
What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question.

Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.

Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
– Planning group is used in the G/L account data to enable the liquidity forecast.
– Planning group is used to group customers and vendors to enable accurate forecast.

Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.
– Planning level is used to differentiate between strategic, business, and operational plan.

Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.

NEW QUESTION 75
You want to configure an extension ledger. Which steps do you need to take? 2 correct answers

Select an underlying ledger for the Extension Ledger

Assign a Fiscal Year variant to the Extension Ledger

Specify the document types for the Extension Ledger

Specify currency types for the Extension Ledger

NEW QUESTION 76
You use document splitting and post an incoming invoice via a cost center to segment A.
You then use the Manual Reposting 01 Costa (KB11N) transaction to Repost the expense to segment B.
What happens to the segment assigned to the supplier line item in the original invoice posting?

The open item is assigned to segment B when the invoice is paid.

The open item is assigned to segment B through reclassification at month end.

The open item is assigned to segment B automatically with the CO reposting.

The open item remains on segment A.

NEW QUESTION 77
Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forward. They want maintain a filly customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?

On-premise

Public cloud

Hybrid

Private cloud

NEW QUESTION 78
What must you do before a Go Live migration in the productive client can be set to Complete in customizing?
Note: There are 2 correct answers to this question.

Get approval of business department and project management.

Apply small-scale live postings of the day-to-day business to check the system

Finalize the before-and-after comparison of the financial reports with the business department

Transfer application indexes using data aging

NEW QUESTION 79
In your SAP S/4HANA system, ledger group LI is assigned to a US GAAP accounting principle. You want to assign ledger group to the LI to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?

You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger

The US GAAP values need to be reported in USG-but-the company code currency is defined as L1 EUR.

One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.

You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

NEW QUESTION 80
You are converting your system to SAP S/4HANA. In your system you have:
Three company codes assigned to a single controlling area Controlling area is assigned to fiscal year variant K4.
Two company codes assigned to fiscal year variant K2
One company code assigned to variant K3 During conversion to SAP S/4HANA, what do you need to change?

Change all company codes to fiscal year variant K4

Change all company codes to fiscal year variant K2

Change all company codes and the controlling area to fiscal year variant K2

Change the controlling area to fiscal year variant K3.

NEW QUESTION 81
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?

A clone of the productive system is used.

The data from previous years is archived.

SQL database commands are used to accelerate the migration

Optimized data compression is used to minimize the data volume.

NEW QUESTION 82
Which of the following is a prerequisite to activating takeover values between depreciation areas?

Takeover values are possible across all depreciation areas

Depreciation areas must be assigned to the same accounting principles

Only the depreciation area for book depreciation is assigned 00

Only one depreciation area per chart of depreciation is assigned 00

NEW QUESTION 83
You create a G/L account and set the cost element category to 42 (assessment).In what table is the cost element category updated?

CSKA: Cost Elements (Data Dependent on chart of Accounts)

SKA1: G/L Account Plaster (Chart of Accounts)

CSKB :Cost Elements (Data Dependent on Controlling Area)

SKBI : G/L Account Plaster (Company Code)

NEW QUESTION 84
Which of the following front-end clients can you NOT use in the standard system for SAP Business Planning and Consolidation for SAP S/4HANA Finance? Please choose the correct answer.

SAP Business Client

SAP GUI

SAP Fiori

SAP BusinessObjects Analysis for Microsoft Office

Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts Free Update With 100% Exam Passing Guarantee: https://www.practicematerial.com/P_S4FIN_2021-exam-materials.html

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